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to pay taxes, we should not be using taxes to reward people who fail. we should be using them to reward people that want to work. everybody in this country should succeed, not just people in government. host: president obama gave an address yesterday talking about how congress should act to keep taxes low. let's take a listen. >> 97% of small-business owners will not see their taxes go up next year. this is something everybody says they agree on. it should have gotten done months ago. republicans in congress are standing in the way. there are holding tax cuts for 98% of americans hostage until they pass tax cuts for of the richest 2%. congress needs to step up and provide every responsible homeowner a chance to save $3,000 a year on mortgage at refinancing at lower rates. i give them a plan to do that in february. it is a plan that has the support of independent nonpartisan economists. republicans will not let it come to a vote. ask them how that helps homeowners. congress needs to step up and pass my plan to create a job corps to help our returning heroes find jobs as cops, firefighter
that says, if we cut taxes, skew toward the wealthy, and roll back regulations we will be better off. i have a different view. i think we have to invest in education and training. i think it is important for us to develop new sources of energy here in america, that we change our tax code to make sure we are helping small businesses and companies here in the united states. that we take some of the money we are saving as we wind down two wars to rebuild america, and that we reduce our deficit in a way that makes us ablet -- that makes it able for us to create critical investments. it is up to you. are we going to go from the top down, which is what got us into this mess, or do we embrace the new economic patriotism that says america does best when the middle class does best? i'm looking forward to having that debate. >> governor romney. >> thank you, jim. i appreciate the chance to be with the president. appreciate the university of denver and their welcome. congratulations to you, mr. president, on your anniversary. i am sure this is the most dramatic place you could imagine, here with me. so
and tax policies to get small businesses funding, make sure we are open for business and we can get production and manufacturing back here and get people back to work. it is important to talk about that after a revision of the g.d.p. numbers in the second quarter down to 1.3 percent. that is below anemic. we are not out of the fiscal woods yet. >>neil: we talk about economic numbers. you preferred to the g.d.p. data. just today, congressman, we had surprisingly strong growth in private sector numbers that may or may not mirror what happens on friday, a gain of 162,000, but, all of this is on the same day a number of companies are were watching that things do not look good and there could be an earnings recession. what do you think is the real state of the economy right now and what mitt romney has in his position tonight? >>guest: the most important thing is mitt romney needs to show that the president and his previous budget that he has proposed with trillions of dollars in new taxes only does one thing: it grows the debt. it does not do anything if the deficit we have had. you giv
and in this country, taxed more. if you tax small business, they are not going to hire. i don't know how you don't figure out what mr. romney so eloquently said in that debate. talking about politics of the 1% or the 47%, conservatives want the best for all folks, and yes, we mean thewe don't want them trapped in poverty. we want them married, paying their taxes -- host: we will get katrina vanden heuvel's response. guest: yeah. listen, if marriage will promote the well-being of the couple, children, great. but in my mind, it is and not just that. that is too simplistic. it is part of the equation. without good jobs, without ensuring that workers have rights and a time -- at the time when big business is so powerful, without doing small things that happened around this country but have taken too much effort, giving women, families early child care, the sense of a community coming together to lift up families, marriages not sufficient. to reduce it to that is too simplistic. no one is saying marriage isn't important. it is not the only a factor in building a family that is doing well. the fact th
calls for a $5 trillion tax cut. >> virtually everything he said about hi tax plan is inaccurate. >> for 18 months he's been running on this tax plan, and now five weeks before the election he's saying that his big bold idea is nevermind. >> let me repeat what i said. i'm not in favor of a $5 trillion tax cut. >> the president's lackluster response sent critics into a tail spin and put team obama on defense. >> i don't know what he was doing out there. he had his head down, he was enduring the debate rather than fighting it. the latest thing we got from romney because he said so, was, you know what i want to do with people when they are poor? shove them in the emergency room. where was obama tonight? >> progressives from chris matthews to bill maher to michael moore all across the progressive wing of the democratic party, there's great disappointment. >> they were jumping out of their seats watching. >> i understand. i understand there was a hunger for us to attack romney more personally than the president did last night. >> bottom line, romney scores, but was last night the firs
, it will be impossible to bridge the gap without it. what mr. gore's plan will do causing huge payroll taxes or major benefit reductions. >> new question. are there issues of character that distinguish you from vice president gore? >> the man loves his wife and i appreciate that a lot. and i love mine. the man loves his family a lot, and i appreciate that, because i love my family. i think the thing that discouraged me about the vice president was uttering those famous words, "no controlling legal authority." i felt like there needed to be a better sense of responsibility of what was going on in the white house. i believe that -- i believe they've moved that sign, "the buck stops here" from the oval office desk to "the buck stops here" on the lincoln bedroom. it's not good for the country and it's not right. we need to have a new look about how we conduct ourselves in office. there's a huge trust. i see it all the time when people come up to me and say, i don't want you to let me down again. and we can do better than the past administration has done. it's time for a fresh start. it's time for a new l
ryan and seemed ready to engage on the big stuff. medicare, entitlements, tax reform, national solvency, a restructured welfare state. he has since retreated to the small and safe and when you're behind, how far, safe is fatal. >> i don't think so. i think he has been running a very vigorous campaign. i think most people approve of his selection of paul ryan. it's tough. it's very difficult. >> why is he behind? >> i think he is behind because americans probably feel better than they did before jobs and the economy even though it's terrible. it's sort of the -- >> right track, wrong track? that's interesting. tell me. just stretch that out a little bit. >> i think americans see a glimmer of hope. there is slight improvement in the economy, and i think that some people, for example, a state like ohio, battleground state, thanks in my view to the governor that the unemployment is down. that's true in some of the others. i understand how tough this campaign is. i do believe that media coverage has something to do with it. but that is what it is. i think most americans will still be making
tax plan without blowing up the deficit or sticking it to the middle class. that's the math . we can't afford to go down that road again. >> steve: so the day after his terrible performance even the new york times called him president xannex. they have gone in damage control mode . they were portraying romney as an extremist and now back to romney is a flip-flopper and a big fact liar . >> brian: i thought the senator was right when team obama got a earful. the strategy was to lay back and not make major mistakes. governor romney will be a true choice. he defined himself as competent and capable . he was making himself relevant and holding the job. that's what you walk away . he undid over two million worth of advertising. >> gretchen: he had a answer about the five billion, trillion argument that the president said. he said that is not my tax plan. and you can see the difference when they are on a stage together going after each another and back out on the stump. on the stump you can say whatever you want. these are people supporting each cand date. this is a moment romney respondin
this weekend. >> he for instance is going to raise taxes and his vice-president blurted out the truth. they plan on raising them trillion and it is two trillion when you put it together. that is an increase on taxes in maul business and that will mean less jobs. >>> and in the meantime obama campaign continues to hit mitt romney on the idea of being dishonest and nigh add out there saying he was not for a five trillion tax cut he was lying about that as he was when he said the president wants to raise the taxes $4000. obama disputed that that was independent but did not dispute the $4000 figure. and in the meantime president in cleveland making fun of mitt romney. listen to this. >> for all of you moms and kids out there. don't worry, somebody is getting tough on big bird. elmo, you better make a run for it. governor romney is going to let wall street run wild again but bring the hammer down on sesame street? >> and democrats are wondering where that president obama was in the debate on wednesday and people wonder if he will be tough one on one when he has the stage. >>> and the obama
into record deficits under george bush is because we put two wars and two tax cuts on a credit card. and now governor romney wants another $5 trillion in tax cuts that he can't pay for? not if i have anything to say about it. that's not going to happen. [applause] we are not going to let this country fall backward. not now. not with so much at stake. we've got to move forward. we need to invest in small business and manufacturers who create jobs here in the united states. we need to recruit 100,000 math and science teachers, train two million workers at community college, bring down the cost of college tuition. we need to -- [cheers and applause] we need to cut our oil imports in half. create thousands more jobs in clean energy. we need to use the savings from ending the wars in iraq and afghanistan to help pay down our deficit and put people back to work doing some nation building right here at home. that's the agenda we need. that's how you strengthen the middle class. that's how you keep moving forward. that's the choice in this election. and that's why i'm running for a second term. that
biden. [video clip] >> they voted against extending the middle class tax cuts. why? because they were holding it hostage to make sure they could continue their tax cuts. and romney adds another tax cut with a total cost to the economy of $1.70 trillion. it is $250,000 a year in additional tax cuts for those same 120,000 families and anybody making more than $1 million. >> all these promises were made on the idea of hope and change and it sounded pretty good to people. but when the rhetoric went aside and the time to act occurred, the ideas are the old idea that a failed time and again. borrowing and spending and regulating and taxing and printing money, all these things do not lead to prosperity and. all these policies say take power from people, many from families and a successful small businesses and job creators, ascended to washington and then they decide. that does not work. host: that's a taste of the vice-presidential nominees over the weekend. they will go head-to-head on october 11 in their only official the bait. let's stick to your calls. will the vice-presidential candidat
actually, it is a bit more than that. but we do not need is a tax increase that will cost us 700,000 jobs. two years ago, the president said you do not want to raise taxes in a bad economy. the economy was better than that it is now. ladies and gentleman, this is a big choice. it is not only about taxes. it is about freedom. it is about our principles. it is about our country. it is about the idea of our country. america is so much more than a country with a flag. it is an idea. these ideas make us who we are. they make us special. i will see something that in washington is considered out of date or wrong, and it is this -- america is an exceptional nation. we are not afraid to say so. [cheers and applause] >> usa! usa! usa! >> we have a chance to get ourselves on the right track. we have a chance to vote for someone who will protect our freedoms. he will lead to protect our religious freedom. he will protect our second amendment rights. ladies and gentlemen, right here in virginia, we have a big choice to make. america has a big choice to make. america will make the right choice
of the reasons why for instance we have gasoline tax. because gasoline tax pays for the the roads. i believe that's probably the best principle overall to deal with the questions and post office. >> claire mccaskill if >> i'm going to try to quote todd akin exactly on this. he said, we can keep raising the prices, if they get too high, the private sector can take over. i disagree. it is in the constitution. we have had the finest and the most reliable and most comprehensive postal service in the world. they have cut billions in expenses over the last several years. they have shrunk their woforce. what they've been required to do is prefund their pensions and healthcare for 75 years. no one in the private sector is required to prefund their pensions and healthcare for 75 years. no one in the governmental sector except the post office is required to do that. it's got them into a cash flow problem. we have to uncuff them and allow them to be entrepreneurial when it comes to the growth area postal service. i will tell you, mr. miller, you know this and many in this audience know this, a rural post of
entitlement that they didn't pay for. and then they added a $1 trillion tax cut for the very wealthy on top of that. now, they -- those are the facts. the end result of all that was by the time we were elected they had in eight years doubled the national debt, that clock, doubled it and in addition to that they had the slowest job, private job growth since world war ii under this policy. and by the time the president sat down behind that famous desk the resolute in noble office within a week of sitting down our economists told us mr. president you're going to have to deal with a $1 trillion debt this year because there's nothing you can do about it. the budget was passed back october. and so ladies and gentlemen so much for their credibility on the debt, but what did it produce for us? it produced the great recession all these things they did in doubling national debt and these massive tax cuts that absolutely eviscerated the middle class. they say we urgently want to deal with it now. basically i think my opponent says something like, you know, i don't know, he said something about he was
so you can decide. >> steve: president obama raising taxes is the only way to dig america out of the ditch. >> it is not possible to come up with enough deductions and loopp holes that affect only high income individuals math. it is aryth metic. >> steve: really. governor romney said cu. >> brian: this might ease your fears. free flightts to leave the country if your guy goes down. "fox and friends", we are up and we are on right now. ♪ ♪ "fox and friends". >> congratulations to you mr. president on your anniversary. i am sure this is the most romantic place you can imagine, here we me. i like pbs and big bird and you, too. i will not spend money borrowing from china to pay for it. >> american people have to ask is the reason governor rum rhumb all of the plans because they are too good. >> look, i have five boys, i am used to people saying something that is not always true and keep on repeating it and hoping i will believe it. that is not the case. a friend of mine said you pick losers. . you are ened to your own plane and house. >> two minutes is up. >> i had five second
the differences between himself and zeroing in on taxes. >> for instance, he is going to raise taxes. vice president blurted out the truth. they plan on raising taxes trillion. they have already raised them a trillion. that is increases on taxes on small business, among other things. that will mean less jobs. >> reporter: on the campaign trail in ohio, president obama appeared to have a lot of fire that he seemed to be lacking on tuesday night. and accusing romney at shocking dishonesty and even though the deputy campaign acknowledged that tax cut would not be nearly 5 trillion dollars, it's something that the president repeated in cleveland. >> we put two wars a two tax cuts on a credit card. we didn't pay for them. now, mr. romney wants another 5 trillion dollars in tax cuts that he can't pay for. we're not going to let that happen. we are not going to fall backward, not with so much at stake. >> reporter: governor romney answering in the ad wars, as well. a new ad featuring melanie mack that mara that voted for president obama back in 2008. this time around she says she is going to vote
a tax break. we will think that at least some of these guys who give money are just too forward their beliefs. maybe that is starry eyed. at least in some cases, this is really not about consideration. that is not to say that their beliefs to outline of what material considerations. it is a little harder to tell this story of corruption. you can still tell the story of influence. the point of giving money to a candidate somewhere along the line is to change the way policy is made in this country. that will never go away. what do we do with the guys saying i like certain policies and i want to see more of that. >> there was an interview recently where it was said that there's a possibility of federal investigations. he was convinced it obama wins, they will pursue these. >> why not use the real one? >> the real one has already been flogged to death. >> having spent time -- sometimes the press gets it wrong in assuming that every -- anybody who gives money is a bad person. that is the assumption of the narrative. big bad money people who are out to buy the election. the reality is
clear to people that all these falsehoods coming out of the obama campaign about our tax policy about our medicare reform and all that are just that. >> reporter: romney will be working in pre-debate campaigning as he arrives. every day counts. wolf? >> president obama is spending the next couple of days in henderson, nevada, gearing up for wednesday's debate. our white house correspondent dan lothian is over at the white house. he getting new information. what's the latest on his xaeb preparation, dan? >> reporter: campaign official telling me that the president began those practices last might after arriving in defense nevada and continued these rehearsals this morning in nevada as well. taking only a break this afternoon. one of the things that they are really working on is trying to get the president to be more concise and in his answers. you know, sometime it is president can be long winded and the campaign has admitted this and it is not the most effective way to deliver your message. so they are trying to get the president to answer these questions with very few words. he has a
to former house speaker nancy pelosi. >> who will raise taxes on the middle class? barack obama and the liberals already have. >> reporter: fresh ammunition for tomorrow night's debate at an event earlier today in charlotte, north carolina, wolf, biden said how can the romney campaign justify raising taxes on the middle class that has been buried -- in his words, buried, the last four years. paul ryan at a campaign event in iowa just a few moments ago seized on those comments and said vice president biden said that the middle class has been buried. we agree. he goes onto say that means we need to stop digging by electing mitt romney the next president of the united states, wolf. i have a strong sense this will be brought up at tomorrow night's debate, wolf. >> we'll have a lot more on what joe biden has just said and the very tough reaction coming in from the romney campaign. gloria borger is standing by on that front. both of these campaigns are bringing major surrogates to denver to appear in the so-called spin room after the debate tomorrow night. what are you learning about
i find so offensive about his packs plan is by raising taxes on small business he will kill i don't knows. what america needs is more jobs more take home pay. that's the focus of my campaign. i know what the president has been campaigning on and saying about me is different than what i actually am what i believe. that's where the difference came. what the president has been saying and reality are pretty far apart. >> before that hannity interview aired mr. romney running mate paul ryan and trace atkins all rallied where he trailed by 3 and a half points in the real clear politics average of polls. the campaign says 10,000 people showed up to see the gop nominee for the first time since his strong debate debut. the president went to wisconsin yesterday afternoon where he is up 7 and a half in the polls. he drew about 30,000 folks from the university wisconsin in madison and started trying out new lines related to things romney said on wednesday. >> when he was asked what he would do he said he would eliminate funding for public television. thank goodness someone is finally getting
believes with even bigger tax cuts for the wealthy and fewer regulations on wall street all of us will prosper. in other words, he doubled down on the same trickle-down policies that led to the crisis in the first place. >> if you were on the stage wednesday night, how would you respond to that on wednesday? >> stop lying, mr. president. >> lying? what's the lie there? >> governor romney is not talking about more tax cuts for the wealthy. what romney said the wealthy will pay just as much under the romney administration -- the tax rate will go down. they'll lose deductions and other loopholes that they'll have them paying the same. that's what governor romney's plan is. so, what i would say, i love that ad. the president gets to say, a million new manufacturing jobs? how? $4 trillion reduction in the debt, really, mr. president? really. how? he hasn't endorsed his own plan. he hasn't come forward with a plan. it's a great ad. i have no doubt about that. it sounds really nice and looks nice. but there's nothing substantive there. >> i can imagine the comeback from president obama a
people are you paying payroll taxes? that's a pretty good number. the unemployment comes from what we call the household survey, calling people up at home and saying do you have a job? are you working? are you unemployment and looking for a job or unemployed and not looking for a job. in that group it's a larger group because you have the self-employed. over the obama years, more and more people have left the labor force completely. especially older people between 50 and 56 that live off their savings and ira's before they should. some of those folks have returned in part-time work essentially in home-based businesses. about 110, 115,000 jobs are created in the establishment survey or the employer survey. but about 850 in the household survey, that would imply 700,000 or about 5% of american families have established a home-based business. it's completely implausible that that could happen. >> okay. so you say it's completely implausible and you are not the first economist to say this. and the only sample in terms of teeny fraction something like 55,000 people they call. is it possibl
has questions on the president from taxes to debt and spending. >> he wants another stimulus? how did the first one work out? he wants to hire more government workers? he wants to pick with winners and losers solyndra, losers in his case. we know where that leads. we have seen the last four years. we don't want four more years like the last four years. >> reporter: the debate at the university on long island is going to include foreign policy. to that end the governor is rolling out the foreign policy ball. he has a big speech on foreign policy at virginia military institute in lexington. >> gregg: tell us how big the first debate is playing out in the campaign ads. >> reporter: both sides are trying to portray the other as the bigger fiber. he has new ad from both campaigns and both are saying the other is untruthful from taxes to anything under the sun. take a look. >> i don't have five trillion dollar tax cut. if you just implemented it would cut five trillion dollars. >> i will not produce the taxes paid by high income americans. >> is that actually true? >> the latest, not tellin
. mitt romney is yet to be specific about his plans, his tax plans, his plans for entitlements. and so this is an opportunity for him to be specific. >> i was sort of surprised that governor, new jersey governor chris christie apparently didn't get the memo about downplaying expectations. i know the democrats are doing it furiously. the president himself doing it furiously. >> right. >> the republicans have been doing it furiously. here's what chris christie said over the weekend. >> well, listen, he's had a tough couple of weeks, let's be honest. i mean i'm not going to sit here and come on this morning and sugarcoat the last couple of weeks. they've been tough. but here's the great news for republicans. we have a candidate who is going to do extraordinarily well on wednesday night. he's going to contrast what his view is, and what the president's record is. the president's view for the future. and this whole race is going to be turned upside down come thursday morning. wednesday night's the restart of this campaign. i think you're going to see those numbers start to move right back i
economic theory of tax cuts for the rich, despite the fact he deny attend tax cuts, and the math. and let's go to war with sesame street but give wall street a big, wet, kiss, that is call what got us into this mess, we spent four years digging out of it. >>> meanwhile, gingrich saying the numbers were good for the president, but the overall picture is still gloomy. >> i think it was a significant help to the president. imagine coming out at 8.2 following the debate, i mean people would have entered the week saying it is close to the end. so it is part of the whole process, the campaign will go down to the end. it will be one of the most interesting campaigns in american history, i think you will see it go back and forth somewhat. on friday, the imf said probably no recovery until 2018. >> more reaction from them on the president's debate in just a moment. but first, here is the gallop daily tracking poll, mitt romney closing the gap on president obama, who still leads by three points, 49-46, and taking to the tv air waves, the romney camp claiming the president's plan will increase taxes
us more tax increases and more regulated debt. >> eric: talk about the real personal income and durable goods. that is, why? >> what we earn is important to our spending power and standard of living. we are down $4000. and that is real disposable income. and looking over the period of the president's term, we are down $4000 median per household . durable good orders. machines. cars and trucks and planes. down 13 percent. one month that is a decline and that points to recession. >> steve: seems like we are slowing down. over in trouble in europe and nothing on horizon. everybody slog down and america could leave the world out of america could expand and drag the world with it >> eric: personal income is down especially with gas at four bucks a gallon. >> national average 3.80. >> brian: fewer dollars to spend. >> we have food price inflation. our standard of living is declining. are you better off, no. you are not better off. >> steve: stewart i talked to a number of business owners and they were reluctant to hire. if mitt romney is elected president of the united states. wou
the math work on his deficit plan and his tax plan. are we going to get those details in the course of the debate? >> well, you know, david, i wish you guys were just as tough on the president. the president says he's going to create a million new manufacturing jobs. he doesn't say how. he says he's going to reduce the long-term debt and deficit by $4 trillion. doesn't say how he's going to do it. let's be fair here. governor romney has laid out a direction and a vision for the direction of this country. he's not an accountant. he is not going to go line-by-line through the budget. but let's hold the president to the same standard and criticize him as well, because how does he create a million new manufacturing jobs, david? he hasn't told anybody the specifics of that. how will he reduce $4 trillion in debt? we're still waiting to hear what he thinks about simpson-bowles, which he commissioned. he's been the president and hasn't given us specifics. so let's be fair here. >> so that's really the approach then? you're a former prosecutor. you understand how the courtroom works. mitt r
running around the country for the last year promising $5 trillion in tax cuts to pay for the wealthy. the fellow onstage last night said he did not know anything about that. the real mitt romney said we do not need any more teachers in our classrooms. [booing] don't boo -- vote. but the fellow onstage last night, he loves teachers, cannot get enough of them. the mitt romney we all know invested in companies that were called pioneers of the outsourcing jobs to other countries. but he got onstage last night, he said that he does not even know that there are such laws that encourage outsourcing. he has never heard of them. never heard of them. never heard of tax breaks for companies who ship jobs overseas. he said if it is true, must need a new accountant. we know for sure it was not the real big trouble because he seems to be doing just fine with his current accountant. the man onstage last night does not want to be held accountable for mitt romney's decisions and what he has been saying for the last year. we know we do not want what he has been saying for the last year. governor romne
week with payroll tax. for a baby boomer that's about $60,000 before they retire. for millenniums, it's going to be even worse. these are real costs at the kitchen table. and obviously as newt gri noted, romney's plan is daz 5 trillion tax plan. it is heavily weighted towards the top. i think voters are smarter than mitt romney thinks and i think they're going to want to know the real facts. >> let's talk about virginia specifically here. this is a state where, where the race is extremely tight right now. the latest nbc news/"wall street journal," marist college poll showing 48% of likely voters supporting the president, 46% supporting governor romney. that's a virtual tie there. you can also see that governor romney gained two points from september. the president lost one. you are an expert of sorts on virginia politics. what does the president have to do to regain momentum in the commonwealth? >> well, i think he's got to keep focusing on what this means at the kitchen table in virginia. his plan is good for the middle class, romney raises taxes on the middle class. for current seni
Search Results 0 to 49 of about 118 (some duplicates have been removed)